Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kenya - 2022

Contents:

  1. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kenya (CIF) - 2022
  2. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kenya (FOB) - 2022
  3. Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kenya
  4. Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kenya

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kenya (CIF) - 2022

In 2022, the average import price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $913 per ton, dropping by -16.2% against the previous year. Over the period under review, the import price showed a mild contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 85% against the previous year. The import price peaked at $2,481 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($7,824 per ton), while the price for China ($358 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+36.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kenya (FOB) - 2022

The average export price for wood; assembled flooring panels, other than multilayer or mosaic stood at $1,050 per ton in 2022, declining by -7.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 41%. As a result, the export price reached the peak level of $1,784 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($3,854 per ton), while the average price for exports to Rwanda ($605 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+80.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kenya

In 2022, supplies from abroad of wood; assembled flooring panels, other than multilayer or mosaic decreased by -0.3% to 317 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 222% against the previous year.

In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic dropped remarkably to $289K in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 97% against the previous year.

Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark29.466.211010351.9%
Netherlands16.762.686.768.159.8%
China30.355.276.560.125.6%
Germany19.10.719.918.3-1.4%
Israel6.212.017.013.629.9%
Malaysia3.27.09.67.633.4%
United Arab Emirates1.32.74.83.843.0%
Others11.225.722.415.010.2%
Total11723234628935.2%

Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to Kenya in 2022:

  1. China (167.9 tons)
  2. Denmark (85.0 tons)
  3. Malaysia (17.9 tons)
  4. Germany (11.1 tons)
  5. Israel (9.0 tons)
  6. Netherlands (8.7 tons)
  7. United Arab Emirates (8.2 tons)

Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kenya

In 2022, overseas shipments of wood; assembled flooring panels, other than multilayer or mosaic decreased by -12% to 1.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 50%.

In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic shrank significantly to $2K in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 58%. As a result, the exports reached the peak of $2.4K, and then dropped rapidly in the following year.

Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania8618392,1361,62123.5%
Rwanda40.051823.025184.4%
Uganda47.016424690.024.2%
Others14.0N/AN/A1.0-58.5%
Total9621,5212,4051,96326.8%

Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from Kenya in 2022:

  1. Tanzania (1431.0 kg)
  2. Rwanda (415.0 kg)
  3. Uganda (23.0 kg)

Source: IndexBox Market Intelligence Platform

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